Debt Management Software

What is Debt Management Software?

Debt Management Software is a tool used to strategically eliminate unsecured debt, such as credit card debt, personal loans, or medical bills. The program allows you to enter information on multiple debts or pulls the data in for you, calculates the monthly payment, and tracks interest expense.

Some forms of debt management software will allow you to select between different payoff methods depending on one’s needs and saving goals.